Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Baudax Bio, Inc. (NASDAQ:BXRX)
Long-Term Downtrend (-90) - BXRX is in a strong downtrend that is likely to continue. While BXRX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BXRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for BXRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BXRX
The long-term trend has been DOWN since May 5th, 2021 at 0.990000
The intermediate-term trend has been DOWN since Oct 4th, 2023 at 0.300000
The short-term trend has been DOWN since Nov 16th, 2023 at 0.160401
Smart Scan Analysis for BXRX
Based on our trend formula, BXRX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||6.89||52wk High Date||2023-01-24|
|52wk Low||0.033||52wk Low Date||2023-11-30|
|Average Volume||481,742||Shares Outstanding||43,593|